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First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF

27 hedge funds and large institutions have $44.8M invested in First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF in 2016 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 9 increasing their positions, 0 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

616% more capital invested

Capital invested by funds: $6.27M → $44.8M (+$38.6M)

220% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 5

69% more funds holding

Funds holding: 1627 (+11)

68.55% more ownership

Funds ownership: 0%68.55% (+69%)

Holders
27
Holders Change
+11
Holders Change %
+68.75%
% of All Funds
0.68%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
16
Increased
9
Reduced
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$8.38M +$8.3M +165,818 +9,269%
LPL Financial
2
LPL Financial
California
$7.94M +$5.13M +102,556 +184%
AG
3
Advisor Group
Arizona
$7.6M +$7.52M +150,215 +9,033%
MFS
4
MSI Financial Services
Massachusetts
$3.64M +$3.57M +71,271 +4,984%
RFWA
5
RPg Family Wealth Advisory
Massachusetts
$2.46M +$2.46M +49,116 New
RJFSA
6
Raymond James Financial Services Advisors
Florida
$2.3M +$2.3M +45,986 New
VKH
7
Virtu KCG Holdings
New York
$1.66M +$1.41M +28,107 +566%
FAAS
8
First Allied Advisory Services
California
$1.6M +$1.6M +31,934 New
AIM
9
Advantage Investment Management
Iowa
$1.48M +$1.48M +29,606 New
Stifel Financial
10
Stifel Financial
Missouri
$1.38M +$1.38M +27,514 New
IH
11
IFC Holdings
Florida
$868K +$869K +17,367 New
DADC
12
D.A. Davidson & Co
Montana
$730K +$730K +14,600 New
RJA
13
Raymond James & Associates
Florida
$674K +$674K +13,473 New
LTFS
14
Ladenburg Thalmann Financial Services
Florida
$662K +$662K +13,229 New
WA
15
WFG Advisors
Texas
$630K +$384K +7,676 +7,996%
NPC
16
National Planning Corporation
California
$586K +$580K +11,599 New
Cambridge Investment Research Advisors
17
Cambridge Investment Research Advisors
Iowa
$534K +$534K +10,671 New
Janney Montgomery Scott
18
Janney Montgomery Scott
Pennsylvania
$363K +$363K +7,253 New
IA
19
IFP Advisors
Florida
$341K +$172K +3,429 +101%
NWM
20
Northwest Wealth Management
Iowa
$265K +$265K +5,302 New
SI
21
SII Investments
Wisconsin
$234K +$234K +4,678 New
GWM
22
Geneos Wealth Management
Colorado
$233K +$119K +2,369 +103%
Commonwealth Equity Services
23
Commonwealth Equity Services
Massachusetts
$205K +$205K +4,102 New
NFG
24
Next Financial Group
Texas
$68K +$39.3K +785 +139%
UBS Group
25
UBS Group
Switzerland
$21K +$21.3K +426 New

HISF Hedge Fund Activity: Q4 2016 in Review

27 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF (HISF) for Q4 2016, worth a combined $44.8M — up 616% from $6.27M a quarter earlier.

Buyers outnumbered sellers: 16 funds opened new HISF positions and 5 closed out — a net gain of 11 holders — while 9 added to existing stakes and 0 trimmed.

The largest buyer was Royal Bank of Canada, adding an estimated $8.3M. The largest seller was Citigroup, exiting entirely with an estimated $1.77M sold.

  • 27 institutional investors held First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF (HISF) as of Q4 2016, up from 16 in Q3 2016.
  • Funds reported $44.8M of First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF stock for Q4 2016, up 616% quarter-over-quarter.
  • 16 funds opened new First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF positions in Q4 2016 and 5 closed out, a net change of +11 holders.
  • The largest First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF buyer in Q4 2016 was Royal Bank of Canada, an estimated $8.3M added.
  • The largest First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF seller in Q4 2016 was Citigroup, an estimated $1.77M sold.

Based on aggregated 13F filings for Q4 2016.